The Sunrisers Hyderabad (often abbreviated as SRH) are a franchise cricket team based in Hyderabad, Telangana, that compete in the Indian Premier League (IPL). The team is owned by Kalanithi Maran of the Sun TV Network who won the bid for the franchise at ₹850.5 million per year on a five-year deal in 2012 following the termination of the previous Hyderabad-based franchise, Deccan Chargers, from the IPL. Having made its first IPL playoffs appearance in its debut season in 2013, the team has qualified for the playoffs every year since the 2016 season. They have reached the finals twice, most recently during the 2018 season, and won their only title in the 2016 season after defeating the Royal Challengers Bangalore by 8 runs in the Final.